Living in Castlewood, Virginia
Cost of living, income, home prices, rent and demographics of Castlewood · Census data 2020–2024
Castlewood has 1,357 residents with a median age of 61.1. The median household income is $60,592 (35% lower than the Virginia median), the median home value is $157,300, the median rent is $684/month.
Castlewood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Castlewood at a glance
- Population
- 1,357
- Median age
- 61.1State: 39
- Median household income
- $60,592State: $93,170
- Median home value
- $157,300State: $383,700
- Median rent
- $684/moState: $1,579
- Homeowners
- 84.5%
- Bachelor's degree or higher
- 9.8%
- Average commute
- 27 min
Is Castlewood a good place to live?
Pros: Home values 59% lower than the state median; an average commute of 27 minutes; unemployment of 1.3%.
Cons: Median household income 35% lower than the Virginia median; a poverty rate of 10.9%.
The weather is best in May–June and September–October.
Cost of living in Castlewood
Housing is the biggest part of the cost of living. In Castlewood the median home value is $157,300, 53% lower than the U.S. median. Renters pay a median of $684 per month, which is 29.9% of household income. Homeowners with a mortgage pay $889 a month in housing costs.
Castlewood median household income
The median household income in Castlewood is $60,592 and the income per person is $31,558. 10.9% of residents live below the poverty line (Virginia: 9.9%).
Housing in Castlewood: homes for sale and rent
- Housing units
- 852
- Owner-occupied
- 84.5%
- Renter-occupied
- 15.5%
- Vacant
- 23.7%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.04
Castlewood demographics
- Population
- 1,357
- Median age
- 61.1
- Under 18
- 14.8%
- 65 and older
- 33.2%
- Households
- 650
- Foreign-born
- 3.2%
- Veterans
- 4.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Castlewood ›
Education in Castlewood
9.8% of adults 25 and older in Castlewood have a bachelor's degree or higher (Virginia: 42.2%), and 4.2% have a graduate or professional degree.
Jobs and commute in Castlewood
- Unemployment rate
- 1.3%State: 4.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 7.9%
- Drive alone
- 80.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 74.3%
Castlewood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Castlewood | 1,357 | $60,592 | $157,300 | $684 |
| St. Paul | 963 | $33,000 | $176,100 | $460 |
| Dante | 591 | $33,696 | $81,400 | $1,328 |
| Cleveland | 369 | $28,704 | $61,800 | $692 |
| Dungannon | 316 | $19,688 | $79,200 | $569 |
| Coeburn | 1,639 | $55,104 | $112,600 | $860 |
| Riverview | 607 | $43,542 | $38,500 | $770 |
| Nickelsville | 368 | $46,250 | $175,000 | $746 |
| Mendota | 262 | $46,012 | — | — |
More for people moving to Castlewood
Castlewood ZIP code ›Weather and climate ›Living in Castlewood: FAQ
What is the median household income in Castlewood, VA?
The median household income in Castlewood is $60,592, 35% lower than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Castlewood?
The median home value in Castlewood is $157,300, compared with $383,700 in Virginia.
How much is rent in Castlewood?
The median gross rent in Castlewood is $684 per month, about 29.9% of household income.
Is Castlewood, VA a good place to live?
Pluses: home values 59% lower than the state median; an average commute of 27 minutes; unemployment of 1.3%. Minuses: median household income 35% lower than the Virginia median; a poverty rate of 10.9%.
What is the median age in Castlewood?
The median age in Castlewood is 61.1 years (Virginia: 39).
How long is the commute in Castlewood?
The average commute to work in Castlewood is 27 minutes; 7.9% of workers work from home.
What is the unemployment rate in Castlewood?
The unemployment rate in Castlewood is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Castlewood?
9.8% of adults in Castlewood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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